economy

Oregon Revenue Forecast Steady, Kicker A Possibility

Aug 27, 2014
Doug Kerr / Flickr

Oregon's economy is humming along at a good clip, according to the latest outlook released Wednesday by state economists. But thanks to a unique Oregon law, if the state revenues keep going up, they'll actually go down.

Tom Magliery / Flickr

Washington state’s unemployment rate fell to 5.6 percent in July, the lowest rate since August 2008.

Jan Arrhenborg / Wikimedia

A proposed liquefied natural gas terminal near Astoria, Ore. received the U.S. government’s blessing today to export to all overseas markets. That’s a necessary approval to make the controversial project pencil out. However, many hurdles remain.

Sam Churchill / Flickr

Washington Governor Jay Inslee has cancelled a police escort that helped grain inspectors cross a union picket line at a terminal in Vancouver.

Wikimedia

Washington’s jobless rate has dropped to below 6 percent. That's the lowest level in six years. That’s according to the June jobs report released Wednesday. Seattle’s King County is leading the recovery. But most Washington counties remain above the statewide average. And some rural counties of the state are much higher.

In the town of Bassett in southern Virginia, some of the downtown street lights are dark. The lamps, maintained by the once prosperous Bassett Furniture Co., are now funded by voluntary contributions from residents and businesses — when they can afford it.

Bassett is just one of many towns and cities in Virginia and North Carolina where scores of furniture-making plants have closed in the past 20 years, mostly because of competition from China and other foreign countries.

SeaTac Minimum Wage Fight In Hands Of Supreme Court

Jun 26, 2014
Austin Jenkins / Northwest News Network

Voters in SeaTac narrowly approved a $15 an hour minimum wage. Now, the state Supreme Court will decide whether that law should stand. And, if so, whether it should apply to workers at SeaTac Airport. Currently it does not. The justices heard oral arguments Thursday in a case that pits a city against a port and workers against businesses.

Cacophany / Wikimedia

Should SeaTac’s voter-approved $15 an hour minimum wage apply to airport workers? Washington’s Supreme Court will hear oral arguments on that question Thursday. The case pits airport vendors, Alaska Airlines and the Port of Seattle against supporters of the higher wage.

tallasiandude / Flickr

Oregon's second-largest city could be the next place to mandate employer-provided sick leave. The Eugene City Council Wednesday voted to direct city staff to draw up an ordinance that would take effect next year. 

Andreas Klinke Johannsen / Flickr

The unemployment rate in Washington state is holding steady at 6.1 percent according to the latest numbers out Wednesday from the state Employment Security Department. 

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